TITLE VIII--STUDIES, REPORTS, AND RELATED PROGRAMS

PART C--COMMUNITY SCHOLARSHIP MOBILIZATION

SEC. 814. PURPOSE; ENDOWMENT GRANT AUTHORITY

(a) PURPOSE- It is the purpose of this part to establish and support regional, State or community program centers to enable such centers to foster the development of local entities in high poverty areas that promote higher education goals for students from low-income families by--

(2) providing scholarship assistance for the cost of postsecondary education.

(b) ENDOWMENT GRANT AUTHORITY- From the funds appropriated pursuant to the authority of section 816, the Secretary shall award an endowment grant, on a competitive basis, to a national organization to enable such organization to support the establishment or ongoing work of regional, State or community program centers that foster the development of local entities in high poverty areas to improve secondary school graduation rates and postsecondary attendance through the provision of academic support services and scholarship assistance for the cost of postsecondary education.